Auto Warranty Companies Fight For Your Business

auto warranty - The industry of auto warranty companies is a fiercely competitive one. There are a limited variety of cars on the highway - granted, there are many them, and each one of them, at some time or still, has or had a warranty - though with the great number of companies fighting for the business of these drivers, this means that each and every car owner will be the target of some very hungry sales reps.

This is definitely a daunting position to be in for a car owner. Regardless if you are purchasing a new car coming from a dealership, or buying a used car, you will see people promoting you their warranty services.

Within the dealership, you might run into a pushy sales representative who can try everything they can to obtain to sign on to have an extended warranty once you create your initial purchase. You will find good things about buying during that time, including getting the costs of the warranty rolled up into the financing for your car, and knowing that your dealership will continue to be the spot to get any repairs or replacements done. However these comforts might end up costing you hundreds or lots of money in the long run. Sales people make large commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, instead of adding a little number to your monthly car payment bills. But it could very well help you save money.

But just as not every car sales person is out to rip you off, not all third-party providers are great guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you being a client, so use that to your benefit. Compare prices, take a look at each of the relation to the warranties offered, and tell the companies you speak with “hey, make me the most effective offer.” Someone else will if they can't.